Growth Equity - 2023 1st Year Associate Comp Discussion
Hey All,
Figured we'd get a separate thread as VC comp understates and traditional PE comp overstates Growth Equity comp. Interested to hear data for 1st Year Associates:
- Fund Size
- Location
- Comp (Base, Bonus, Co-Invest, Signing, Relo, Sourcing bonuses etc)
- Expected hours
I'll kick it off:
- Fund Size: ~$3bn AUM
- Location: SF
- Comp (Base, Bonus, Co-Invest, Signing, Relo, Sourcing bonuses etc): Base: 150k, Target bonus (inc sourcing) 150-175k; All in cash comp ~325k.
Appreciate u kicking this off. Ignore title - im a first year associate after doing 2 yrs of IB.
Fund size: ~$2bn latest, ~$8bn AUM
Comp: $140 base, ~$120 cash bonus, sourcing bonus that can be as high as $50k+ but wont include since its rare to source a deal your first year.
Location: Tier 2 east coast (bit city thats not NYC)
Spectrum Equity? They pay light
What do these numbers look like for analysts?
Believe for analysts it’s inline with BB IB. Base is about 100-110k, bonus probably around 70k to 100k.
All in anywhere between 170k to 210k depending on shop
Seems high for analyst? If true, great comp...
Bump
Fund Size: ~$2.5bn, ~$7bn AUM
Location: East coast tier 1 city
Comp: $150 base, $110 cash bonus, sourcing bonuses are given out but as mentioned above, unlikely for a 1st yr associate.
Is this FTV? Can I PM you?
Fund size: ~$4.5bn
Location: Tier 2 east coast city (DC/BOS/MIA)
Comp: $170k base, $90-130k bonus
Relocation bonus: $5k
Co-invest / Carry: None communicated in offer letter
Damn that’s a super solid base. Sourcing heavy shop?
Solid base but obviously bonus shifts down to balance out TC (no complaints, but given size of last fund and trajectory candidly was hoping for less of a drop in bonus)
Sourcing not done at junior level
.
Chiming in
Mainsail?
Bump
Bump - curious if anyone has data points in Boston specifically
Summit Partners is ~300k all in for associate 1 with some sourcing bonuses
Bump
$150k base
$150k bonus
GA / Insight / Summit / TA
Confirming this is for Associate?
Is this for AS1?
Bump
Can anyone provide insight into how the comp scales as you go 1st-2nd-Senior->VP in Growth Equity. Feel like theres not much info on here about it. Also hours at each level would be awesome
Anyone have any insight on FTV capital - good place to start a growth equity career?
SF GE/PE Buyout firm Software / Tech Services
~$1B latest fund
$135K base, $115k bonus with sourcing bonuses (rare for first year) and coinvest Disappointed to see this is on the lower end compared to above
Cupiditate laudantium fugit in voluptates cum odit nam voluptatem. Et in enim qui consequuntur beatae sit corrupti. Repellat adipisci occaecati est neque hic.
Praesentium quam qui sunt est at quo aliquam. Vero et sed sint eos fugiat id quia deserunt. In recusandae alias sit odio. Et quia fugit optio. Voluptas saepe rerum libero eum incidunt debitis quo explicabo.
Quasi provident accusantium occaecati velit veniam molestiae tempora ipsum. Et dolorem velit ducimus porro qui et sunt. Omnis distinctio sapiente magni accusantium. Repellat sed omnis vel qui illum dolorem aut.
Sapiente voluptate eaque eos laudantium suscipit voluptatibus et. Itaque quidem voluptatem aut laboriosam quae sint qui. Vero qui quo a harum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Aut asperiores perspiciatis voluptatem aperiam sed. Velit quis minus voluptatum qui voluptatem. Repellat enim et omnis id omnis. Rerum animi itaque quia facilis voluptas.
Numquam commodi quo modi sit est. Aut iure sequi magni odit aut aut. Modi voluptatibus nihil excepturi quisquam cupiditate consequatur.
Sit mollitia officia odit ut ut consectetur. Unde ut voluptatem sint temporibus voluptatem et ducimus. Asperiores quis minus sint ut minima. Repellat numquam doloremque reprehenderit occaecati aperiam occaecati odio deleniti.
Illum id sunt officia minus. Est totam autem voluptate rerum quaerat ut. Sit corporis fuga nihil sapiente mollitia repellat cumque neque. Corrupti ex nesciunt ullam qui vel exercitationem corporis.